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American States Water Company (AWR) delivers essential utility services through regulated water distribution, electric operations, and specialized government contracts. This news hub provides investors and stakeholders with timely updates on corporate developments impacting California's critical infrastructure.
Access official press releases covering quarterly earnings, regulatory filings with the California Public Utilities Commission, and military base service contract announcements. Our curated collection helps track operational milestones in water resource management, electric service expansions, and long-term infrastructure projects.
Key updates include water rate adjustments approved by state regulators, new military installation service agreements through ASUS subsidiary, and sustainability initiatives across service territories. Bookmark this page for centralized access to strategic announcements affecting one of California's most established utility providers.
American States Water Company (NYSE:AWR) has been recognized on TIME's America's Best Mid-Size Companies 2025 list, distinguishing itself as one of only two investor-owned water utilities to receive this honor. The recognition is based on three key criteria: Revenue Growth, Employee Satisfaction, and Sustainability Transparency.
The selection process, conducted in partnership with market research firm Statista, involved comprehensive employee surveys, revenue analysis, and ESG data evaluation. CEO Robert J. Sprowls attributed this achievement to the company's strategic growth initiatives, workforce commitment, and focus on sustainability practices.
["Named as one of TIME's Best Mid-Size Companies 2025", "One of only two investor-owned water utilities on the prestigious list", "Recognition validates company's strategic growth plans and ESG initiatives"]American States Water Company (NYSE:AWR) reported Q2 2025 consolidated diluted earnings of $0.87 per share, up from $0.85 in Q2 2024. The company's water and electric utilities saw earnings growth from new rates implementation, while contracted services experienced a decrease due to construction timing. Key highlights include:
The water segment earnings increased to $0.73 per share from $0.67, driven by CPUC-authorized rate increases and favorable water supply mix. The electric segment contributed $0.03 per share, up $0.02, while contracted services decreased to $0.13 per share from $0.19.
AWR announced an 8.3% dividend increase to $0.5040 per share, marking its 71st consecutive year of dividend increases. The company completed a transaction to operate water and wastewater systems for a new 1,300-connection community, and maintains strong credit ratings of "A" (AWR) and "A+" (water utility) from S&P.
American States Water Company (NYSE:AWR) has announced an 8.3% increase in its quarterly cash dividend to $0.5040 per share from $0.4655, raising the annualized dividend rate to $2.016 per share.
This marks the company's 357th consecutive dividend payment and represents its 71st consecutive year of increasing dividends. AWR has maintained a 5-year dividend CAGR of 8.5% since Q3 2020 and is on track to achieve a 10-year CAGR of 8.3% through 2025. The company aims to maintain a long-term dividend growth rate exceeding 7%.
The dividend will be payable on September 3, 2025, to shareholders of record as of August 15, 2025.
American States Water (NYSE:AWR) has scheduled its second quarter 2025 financial results release for August 6, 2025 after market close. The company will host a conference call on August 7, 2025, at 2:00 PM ET to discuss the results.
CEO Robert Sprowls and CFO Eva Tang will lead the conference call, which will include a Q&A session. Investors can access the live call and presentation slides at www.aswater.com. A replay will be available on the website from August 7 at 5:00 PM ET through August 14.
American States Water Company (NYSE:AWR) has announced a quarterly dividend of $0.4655 per share, marking its 356th consecutive dividend payment. The dividend will be payable on June 3, 2025, to shareholders of record as of May 19, 2025. The company has maintained an impressive dividend history, paying dividends since 1931 and increasing them annually for 70 consecutive years. AWR has demonstrated strong dividend growth with a 5-year CAGR of 8.8% through 2024 and a 10-year CAGR of 8.0%. The company's current policy aims to achieve a dividend CAGR of more than 7% over the long term.
American States Water Company (NYSE:AWR) has announced it will release its first quarter 2025 financial results after market close on Wednesday, May 7, 2025. The company will host a conference call on Thursday, May 8, at 2:00 p.m. Eastern Time (11:00 a.m. Pacific Time) to discuss the results.
President and CEO Robert Sprowls and Senior VP/CFO Eva Tang will lead the call, which will include a Q&A session. Investors can access the live call and presentation slides at www.aswater.com. A replay will be available on the website from May 8 at 5:00 p.m. Eastern Time through May 15.
American States Water Company (NYSE:AWR) reported Q4 2024 diluted earnings per share of $0.75, up from $0.55 in Q4 2023. The increase includes retroactive rate impacts from the electric utility general rate case. The company recorded a $5 million tax benefit ($0.13 per share) in Q4 2024 following a CPUC decision.
Key highlights include:
- Water segment earnings increased to $0.52 per share from $0.41 per share
- Electric segment earnings rose to $0.13 per share from $0.07 per share
- Full-year 2024 consolidated earnings were $3.17 per share, compared to $3.36 in 2023
The CPUC issued decisions authorizing nearly $650 million in capital investments for the utilities' general rate cases. The water utility rate case sets new rates for 2025-2027, while the electric utility case sets rates for 2023-2026. The company maintained its 70-year streak of consecutive annual dividend increases.
American States Water Company (NYSE:AWR) has declared a quarterly dividend of $0.4655 per share, marking its 355th consecutive dividend payment. The dividend will be payable on March 3, 2025, to shareholders of record as of February 18, 2025.
The company has maintained an impressive dividend history, having paid dividends every year since 1931 and increasing them annually for 70 consecutive years. AWR has demonstrated strong dividend growth with a compound annual growth rate (CAGR) of 8.8% over the past five years through 2024 and an 8.0% CAGR over the past decade. The company's current policy aims to maintain a long-term dividend CAGR of more than 7%.
American States Water Company (NYSE:AWR) has received a final decision from the California Public Utilities Commission (CPUC) regarding the general rate case for its subsidiary, Golden State Water Company (GSWC). The decision, adopted on January 30, 2025, sets new water rates for 2025-2027.
The final decision follows a settlement agreement between GSWC and the Public Advocates Office, with rates effective January 1, 2025. Notably, while an initial proposed decision on November 15, 2024, rejected GSWC's request for a sales reconciliation mechanism, an alternate decision issued December 27, 2024, approved this important mechanism. This allows GSWC to adjust its sales forecast throughout the rate case cycle to address significant consumption fluctuations. The new 2025 rate increases were implemented on February 1, 2025.